This is possibly my favourite setup to trade.
GBPUSD is in a strong bearish trend on the 4h chart and we have created a new LL today.
We know that the market moves in waves so after a LL we get a pullback to make sure that the market moves efficiently.
Price has broken out of its downward trend on the 5m and I am now keen to see it break the 15m CHOC mark. If this happens I will look to long from just above the 4h LL and look for more long entries all the way back up into the 4h supply zone.
Follow and like for more trade ideas!
GBPUSD is in a strong bearish trend on the 4h chart and we have created a new LL today.
We know that the market moves in waves so after a LL we get a pullback to make sure that the market moves efficiently.
Price has broken out of its downward trend on the 5m and I am now keen to see it break the 15m CHOC mark. If this happens I will look to long from just above the 4h LL and look for more long entries all the way back up into the 4h supply zone.
Follow and like for more trade ideas!
Сделка активна
Price has pulled up and broken the 15m CHOC so now I am happy to start entering long positions all of the way up to the 4h supply zone
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.